Hailan Holdings Limited announced group earnings guidance for the six months ended June 30, 2022. The board of directors of the company inform the shareholders and potential investors that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2022 and the information currently available to the Group, it is expected that the Group is likely to record a net loss of around RMB 39.6 million for the six months ended 30 June 2022, versus an unaudited consolidated net profit of approximately RMB 13.9 million for corresponding period in 2021. Such loss was primarily due to relative higher sales were generated from the property development project with a relatively lower gross profit margin, which resulted in a decrease of gross profit margin from 60.8% for the six months ended 30 June 2021 to 25.3% for the six months ended 30 June 2022.